Senior Underwriter Cargo Marine
Share
Job Location:
Chicago, IL - USA
Monthly Salary:
$ 110000 - 150000
Posted on:
11 hours ago
Vacancies:
1 Vacancy
Job Summary
MSIG USA continues to grow!
Company Overview:
MSIG USA is the US-based subsidiary ofMS&AD Insurance Group Holdings Inc. one of the worlds top P&C carriers and a global Class 15 insurer with A ratings and a reach that spans 40 countries and regions. Leveraging our 350-year heritage MSIG USA brings the financial strength expertise and global footprint to offer commercial insurance solutions that address your businesss unique risks.
Summary:
Produce underwrite and service profitable Marine business in accordance with all department guidelines. Assumes a leadership role in the organization to positively influence staff and promote a positive image of MSIG in the marketplace. Develop agency relationships and build a profitable book of business.
Essential Functions:
- Produces selects and underwrites Marine risks within delegated underwriting authority including construction transportation or other classes of Inland Marine as authorized.
- Applies appropriate account selection coverage and pricing techniques according to department guidelines.
- Monitors underwriting results premium and loss trends within assigned book of business.
- Establishes and executes effective and efficient producer and client visits (in conjunction with other internal units and Marketing Representatives as necessary) in order to maintain existing accounts and develop new business.
- Coordinate with inter-company departments as well as producers insureds Distribution and Marketing Representatives to ensure appropriate high level account management standards are maintained.
- Enhances underwriting expertise in the area of Marine including assisting in training and development of Department staff.
- Responsible for helping develop and implement best practices in the areas of Account Management.
Education and Experience Required:
- Bachelors degree or equivalent business experience preferable. CPCU/ insurance designations encouraged.
- 5 years of Marine underwriting experience demonstrated productivity and profitability and strong business acumen related to building a profitable book of business.
- Strong knowledge and technical expertise of commercial Inland Marine exposures risks forms coverages and market capabilities.
- Strong portfolio management production organization and time management skills with an understanding of the companys business objectives.
- Ability to travel as required for marketing production and producer management activities.
Salary: he base pay range for Senior Underwriter is $110000.00 - 150000.00. Salary determinations are based on various factors including but not limited to relevant work experience skills certifications and location.
Fraud & Security Notice: Please note that all communication regarding job opportunities at MSIG USA will come exclusively from an @ email address. If you receive messages from any other domain please disregard them and report the incident to:
Additional Benefits:Healthcare and Retirement Benefits
Comprehensive medical dental and vision coverage
401(k) with a generous employer match and profit-sharing contribution
Wellness incentive program
Life and accidental death and dismemberment (AD&D) insurance
Flexible spending programs
Short-term and long-term disability plans
Additional Benefit Programs
Paid time off program
Paid charitable leave
Paid parental leave
Tuition reimbursement program
Personal insurance (auto/homeowners) discounts
Its an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age color national origin citizenship status physical or mental disability race religion creed gender sex sexual orientation gender identity and/or expression genetic information marital status status with regard to public assistance veteran status or any other characteristic protected by federal state or local addition MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.
Required Experience:
Senior IC
Key Skills
- Loan Processing
- Credit Analysis
- Fraud
- Math
- Risk Analysis
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Equity Research
- Underwriting
- negotiation
- RMF
